Why can't I do it without a credit card?
1. Incomplete/untrue card handling information.
Many people apply for credit cards online. In order to successfully apply for a credit card, some untrue information will be filled in the application form, for example, some will fill in false company information, some will write high income, and even write that their positions are leaders.
Once the bank finds that the information is fraudulent, it is still a trivial matter to handle the card. It is difficult to get stuck after being blacklisted.
2. Frequent credit investigation with credit card/loan application.
Many people will be lucky enough to apply for credit cards from multiple banks at the same time, and as a result, their credit will be checked every time they apply for a card.
The more times you check, the more money you spend. Banks will identify such people as high-risk groups in the financial crisis, and even if they have no bad credit, they will not downgrade their credit cards.
3. Overdue affects personal credit.
Don't think that without a credit card, it will not be overdue. You should know that overdue is not only a credit card, but also a loan.
For example, in nine cases, many online loan products commonly used by people, such as Flower Bank, Borrowing Bank, JD.COM White Bank and JD.COM Gold Bar, are connected to the central bank's credit information system, and will be reported to the central bank's credit information system after the deadline, leaving a bad credit record, which will also affect the card processing.
4. The debt is too high and the repayment ability is insufficient.
For a loan without a credit card but with a credit report, the outstanding debt will be counted as personal debt, and the bank will judge the applicant's debt ratio by combining the debt, income and other information on the application form.
Once the debt ratio is higher than 50%, it will be considered as high debt, making it more difficult to apply for a card.